The case involves Sunflower Marketing And Advertising versus Swiss Entertainment Pvt Ltd. Both parties jointly submitted that the matter has been settled. The Operational Creditor (OC) also handed over the settlement agreement to the bench.
Sunflower Marketing And Advertising initiated a Corporate Insolvency Resolution Process (CIRP) against Swiss Entertainment Pvt Ltd under Section 9 of the Insolvency and Bankruptcy Code (IBC). Both parties jointly submitted to the court that they had reached a settlement. The Operational Creditor (OC) presented the settlement agreement to the court. The court recorded the settlement agreement. The Corporate Petition (C.P.) was disposed of as withdrawn, with the OC retaining the option to restore the case if the Corporate Debtor (CD) defaults on the settlement terms.
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Both parties jointly submit that the matter has…
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The case involves Sunflower Marketing And Advertising versus Swiss Entertainment Pvt Ltd. Both parties jointly submitted that the matter has been settled. The Operational Creditor (OC) also handed over the settlement agreement to the bench.
Sunflower Marketing And Advertising initiated a Corporate Insolvency Resolution Process (CIRP) against Swiss Entertainment Pvt Ltd under Section 9 of the Insolvency and Bankruptcy Code (IBC). Both parties jointly submitted to the court that they had reached a settlement. The Operational Creditor (OC) presented the settlement agreement to the court. The court recorded the settlement agreement. The Corporate Petition (C.P.) was disposed of as withdrawn, with the OC retaining the option to restore the case if the Corporate Debtor (CD) defaults on the settlement terms.
Both parties jointly submit that the matter has…
Sign in to view related legal provisions.